Nextdoor Holdings Inc [KIND] stock prices are down -0.36% to $2.73 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The KIND shares have gain 7.06% over the last week, with a monthly amount glided 15.68%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nextdoor Holdings Inc [NYSE: KIND] stock has seen the most recent analyst activity on January 30, 2025, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $4. Previously, Evercore ISI downgraded its rating to In-line on November 08, 2023, and dropped its price target to $3. On June 27, 2023, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $3.50 on the stock. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $6.50 on April 20, 2022. Truist initiated its recommendation with a Hold and recommended $7 as its price target on March 29, 2022. Morgan Stanley started tracking with a Equal-Weight rating for this stock on February 24, 2022, and assigned it a price target of $7. In a note dated January 07, 2022, Goldman initiated an Neutral rating and provided a target price of $10 on this stock.
The stock price of Nextdoor Holdings Inc [KIND] has been fluctuating between $1.60 and $2.99 over the past year. Currently, Wall Street analysts expect the stock to reach $3.25 within the next 12 months. Nextdoor Holdings Inc [NYSE: KIND] shares were valued at $2.73 at the most recent close of the market. An investor can expect a potential return of 19.05% based on the average KIND price forecast.
Analyzing the KIND fundamentals
The Nextdoor Holdings Inc [NYSE:KIND] reported sales of 237.60M for trailing twelve months, representing a surge of 16.97%. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at -0.64%, Pretax Profit Margin comes in at -0.53%, and Net Profit Margin reading is -0.53%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -0.25 and Total Capital is -0.31. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.72 points at the first support level, and at 2.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.76, and for the 2nd resistance point, it is at 2.78.
Ratios To Look Out For
It’s worth pointing out that Nextdoor Holdings Inc [NYSE:KIND]’s Current Ratio is 17.53. As well, the Quick Ratio is 17.53, while the Cash Ratio is 1.86. Considering the valuation of this stock, the price to sales ratio is 4.39, the price to book ratio is 2.26.
Transactions by insiders
Recent insider trading involved Schwartz Sophia, General Counsel and Secretary, that happened on Dec 09 ’24 when 1129.0 shares were sold. Officer, SOPHIA SCHWARTZ completed a deal on Dec 09 ’24 to buy 1129.0 shares. Meanwhile, General Counsel and Secretary Schwartz Sophia sold 16834.0 shares on Dec 02 ’24.
